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Showing 4091 - 4100 of 8182 results for "Institutional"

Associations not sold on PC draft report

EMMA RAPAPORT  |  THURSDAY, 30 MAR 2017
The Productivity Commission's draft report on alternative default models for the superannuation system has been met with mixed responses from the industry. The Commission recommended a number of changes to the current default fund system and took aim ...

Life code needs work: ASIC

ALEX BURKE  |  THURSDAY, 30 MAR 2017
The Life Insurance Code of Practice should be expanded, according to ASIC deputy chair Peter Kell. Speaking on a panel at the 2017 Financial Services Council Life Insurance Conference in Sydney, Kell said that there is still "an enormous amount to be ...

Westpac minimises disruption with disruption

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2017
Appealing to the younger members of its customer base, Westpac launched an innovative tool enabling access to its online banking features via social messaging apps and SMS. The bank introduced the Westpac Keyboard, a new iOS keyboard, which allows customers ...

ABA committing to industry reforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
The Australian Bankers' Association announced it will commit to the majority of the Khoury Report's proposed banking reforms, promising to raise its code of practice to meet higher standards. Of the 99 recommendations, the ABA is fully supporting 61 ...

Charter Hall fund debuts on multiple platforms

KARREN VERGARA  |  THURSDAY, 30 MAR 2017
A Charter Hall unlisted property fund is now available to advisers wanting to access direct commercial property opportunities. The Direct Office Fund (DOF) aims to invest in core Australian commercial real estate on long leases with high-quality covenants. ...

CBA prices inaugural climate bond

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
Commonwealth Bank priced its first Climate Bond, raising $650 million to fund a range of renewable and low-carbon projects in Australia. Proceeds from the issuance will fund 12 eligible Australian projects, including renewable energy generation through ...

Productivity Commission proposes default super overhaul

EMMA RAPAPORT  |  WEDNESDAY, 29 MAR 2017
The Productivity Commission has released its anticipated draft report on alternative default models in superannuation, looking at ways to introduce more competition in a system where members do not exercise fund choice. The commission has developed ...

Nikko AM hire targets innovation

JAMIE WILLIAMSON  |  WEDNESDAY, 29 MAR 2017
... dynamics including the rise of passive, disruptive technology, fiduciary based regulation and constantly evolving institutional and retail marketplaces," Hallinan said. "Nikko AM Australia is taking positive steps to ensure that our business is well ...

Industry fund launches ethical investment option

KARREN VERGARA  |  WEDNESDAY, 29 MAR 2017
A $20 billion industry superannuation fund is joining several peers in offering a socially responsible investment choice for members. Hostplus' Socially Responsible Investment (SRI) - Balanced option was launched on the back of increasing member and ...

Fintechs and instos must align: Saxo

DARREN SNYDER  |  TUESDAY, 28 MAR 2017
... trade multiple asset classes globally from one single margin account and across multiple devices. It also provides institutional clients with multi-asset execution and prime brokerage services. A recent example of this collaboration includes a partnership ...